Existing home sales slump more than expected
Existing-Home Sales Decreased 4.9% in January, But Increased Year-Over-Year for Fourth Consecutive Month
Existing-home sales slid 4.9% in January to a seasonally adjusted annual rate of 4.08 million. However, sales rose 2.0% from one year ago, the fourth straight monthly year-over-year increase. The median existing-home sales price advanced 4.8% from January 2024 to $396,900, the 19th consecutive month of year-over-year price increases.
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the ...
Key Takeaways Existing home sales surprisingly fell in January as elevated mortgage rates and high prices kept buyers ...
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers.
As home prices rise and economic factors shift, the million-dollar-plus housing market remains one of the most resilient ...
Nearly 10% more single-family homes in Massachusetts were sold last month than a year prior, but the expanded inventory came ...
In January, 29 percent more single-family homes sold in the Berkshires than a year prior, and the median sale price increased ...
Real estate agents say certain types of condos, like townhomes and backyard cottages, are drawing interest from frustrated would-be buyers.
The Dubai residential real estate market saw a 20 per cent increase in sales prices and a 19 per cent rise in rental rates in ...
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